Hi tas
Yep treatment different, though the silver content and the fact they don't need a massive capex to startup a significant offsetting factor. Its the absence of massive capex that the market still hasn't cottoned onto imo. CAPEX is simply acqusition price plus a few million for refurbishing the plant. Given the pruchase was based on a much smaller resource at the time, you can imagine thats a pretty good DEAL.
Also the resource is big enough so that the copper grade will actually add revenue (so ive been told). Similar to what IGR is hoping for with Rowes Find I guess.
Cdchi1
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iberian resources limited
a comparison with dom, page-8
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